At the end of the calendar year, Gaso (distribution system operator) recalculates the tariffs according to the actual annual consumption of the user. If the volume of natural gas consumed during the year is higher or lower than the previously determined tariff, the recalculation is made for the entire previous year.
At the 19 December 2023 meeting of the Council of the Public Utilities Commission, new tariffs for natural gas distribution system services for the tariff period from 1 January 2024 to 31 December 2024 were approved. The tariffs will enter into force on 1 January 2024 and will be visible in the bills received in February 2024 for natural gas consumed in January. The fixed payment and the variable part, depending on the consumption of natural gas, of the new distribution operator Gaso, will be shown in the bill details.
The tariff changes are due both to the increase in natural gas prices on global markets and to a significant decrease in the volume of natural gas delivered to users, which has had a significant impact on Gaso's operating results.
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In order to reduce the impact of increase in the price of energy resources, the government has decided to compensate the increase in the price of natural gas not only for residents, but also for consumers in buildings where the contract with the natural gas trader is held by the building manager or another legal entity. The state aid can be received by the owner, manager, project developer of multi-apartment residential buildings, terraced houses, where natural gas is used by households within the framework of mutual contractual obligations.
The conference, organised by Dienas Bizness on 11 May this year, brought together industry companies, experts and representatives of institutions to discuss the development of the energy sector in the coming years that should contribute to Latvia's energy security and independence.